Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital - S&P Global Ratings’ Credit Research

Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital

Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital - S&P Global Ratings’ Credit Research
Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital
Published Dec 16, 2010
Published Dec 16, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

We are raising our long-term counterparty credit rating on Home Capital Group Inc. to 'BBB' from 'BBB-', and our counterparty credit rating on Home Trust Co. to 'BBB+' from 'BBB'. The upgrade reflects our opinion of the company's solid franchise, sustainable operating performance and asset quality, and very strong capital position. The outlook is stable. On Dec. 16, 2010, Standard&Poor's Ratings Services raised its long-term counterparty credit rating on Home Capital Group Inc. to 'BBB' from 'BBB-', and its counterparty credit rating on Home Trust Co. to 'BBB+' from 'BBB'. The outlook is stable. We have raised the ratings on Toronto-based Home Capital Group Inc. (Home Capital; TSX: HCG) and Home Trust Co. (Home Trust), given what we

  
Report Type:

Research Update

Ticker
HCG@CN
Issuer
Home Capital Group Inc.
GICS
Thrifts & Mortgage Finance (40102010)
Sector
Global Issuers
Country
Canada
Region
Canada
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital" Dec 16, 2010. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Home-Capital-Group-Inc-And-Subsidiary-Ratings-Raised-Based-On-Consistent-Earnings-And-Very-Strong-Capital-838353>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Home Capital Group Inc. And Subsidiary Ratings Raised Based On Consistent Earnings And Very Strong Capital Dec 16, 2010. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Home-Capital-Group-Inc-And-Subsidiary-Ratings-Raised-Based-On-Consistent-Earnings-And-Very-Strong-Capital-838353>
  
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